Dish Network abandons its bid for Sprint Nextel before the Tuesday deadline stating that adding a new offer is impractical.
Industry
Alcatel-Lucent Cuts Assets to Focus on Broadband
Alcatel-Lucent plans to sell its assets for Eur1 billion to stem losses and focus on the businesses including ultra-high speed internet.
Dalian Wanda Invests US$1.6 Billion in Yacht Maker and London Property
Dalian Wanda Group invested US$1.6 million in yacht manufacturer Sunseeker International Ltd. and a London property that included a five-star hotel.
Farallon Acquires Tinkler’s Whitehaven Stake, Buys More
Farallon Capital Management LLC acquired 9.91% stake from Nathan Tinkler making the fund the largest shareholder at Whitehaven Coal Ltd.
Google Lookouts for Private Equity Alliances
Google Inc. is looking actively for acquisitions from private equity alliances to help it structure its deals.
Latest News
Carl Icahn promised Dell shareholders to buyback US$16 billion of its stock if they will join his campaign against privatization of the computer maker.
Two US legislators urge the Obama administration to carefully review the American-US Airways Deal as flight prices might go up or customer service might deteriorate.
Vodafone increased its Kabel Deutschland offer matching it with Liberty Global's Eur7.5 billion bid.
Vale SA is preparing for the imposition of new royalties charges for mining in Brazil. (Photo : Reuters)The image is the corporate logo of Vale SA of Brazil.
Janney Montgomery Scott LLC expands its veteran adviser leadership with new transfers from Morgan Stanley Wealth Management.
NVCA announced that Bobby Franklin is the association's new president. The NVCA (National Venture Capital Association) announced on Tuesday that it has named Bobby Franklin as its next president and Chief Executive Officer.
Mediware acquires Fastrack Healthcare Systems along with its 300 new clients and related expertise, services, products and contracts.
Follett Corp. commits $50 million to the Follett Knowledge Fund. (Photo : Reuters)This is an image of several publications. Follett Corporation teamed up with Atrium Capital to establish Follett Knowledge Fund, a pool which strives to fund new technologies in the education sector, specifically content improvement, delivery and consumption.
A second option was added by Mengniu Dairy to its proposed acquisition for Calyle-backed Yashili International Holdings Ltd.
